A few high-profile bankruptcies by continuing care retirement communities have made waves in the senior housing industry, and there’s more drama to come—for at least four more years, says a New York-based owner-developer of CCRCs who specializes in acquiring distressed assets. During Senior Housing News’ inaugural Senior Housing Summit, held last Thursday in Chicago, Ill., […]
Category: Featured
“Seniors” today are getting younger. They are feeling younger, too. Marketing to them requires attention to new details, experts say: their online savvy, story-seeking and independence. And whatever you do, don’t call them “old.” The “boomer” generation Marketers agree, the attitudes of the boomer generation represent a sharp departure from those in the “Greatest” generation, […]
Assisted living can function as an “obvious solution” for preventing hospital readmissions thanks to technology and care partnerships, but first the industry must develop a model to measure outcomes and educate the care continuum of its abilities, said a panel of senior living executives at the recent ALFA 2012 Community event. Educating others on the […]
When designing new (or renovating existing) senior housing projects, there needs to be an emphasis on the ability to transition or convert between different kinds of care units, a panel of senior living industry executives agreed at a session during ALFA’s Community 2012 event, held last week in Dallas, Tex. “Build with as much flexibility […]
Change in lifestyle is a crucial issue that has a huge impact on someone’s decision to enter a senior living community. As senior living communities market to new residents, there is a critical time period—it can be as short as a few minutes—during which they engage or lose the potential customer. That engagement revolves directly […]
Government healthcare spending is set to skyrocket, costs of long-term care are steadily rising, while at the same time, most seniors’ wallets are strained thanks to the prolonged economic recession. Add to that dwindling government benefits programs such as Medicare and Social Security that are unfortunately linked to an enormous federal deficit problem, and the future […]
It began in 2011, and it’s going to keep happening until 2030: 10,000 Baby Boomers are turning 65 each day, and those in the senior housing industry don’t think the “Greatest Generation” is going to enter quietly into accommodations that don’t meet their standards and expectations. The Boomer generation has generally gone through life demanding […]
Adaptability is one of the cornerstones of human evolution. Evolution is a slow process but adaptability, or the ability to “get by” in the short term, happens quickly and is reactionary. With the economy in a state of disarray during 2010 and 2011, the senior living industry and businesses in other areas were focused on […]
When looking back on 2011, senior housing industry professionals agree that the billions of dollars worth of real estate investment trust (REIT) activity played an integral role in shaping today’s market. But some say that going forward into 2012, healthcare reform will be a key influence in the industry, and others point out the changing […]
Despite the attractive terms and interest rates offered by the Department of Housing and Urban Development’s (HUD) senior housing financing programs, many have been turned off by the lengthy HUD queue and are resorting to other funding sources. “The basic problem with the FHA program is that it takes way too long, and a lot […]
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